Blackstone Buys Luxury Miami Hotel From Trinity, Certares

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By Patrick Clark

September 10, 2025 at 12:30 PM UTC

Blackstone Inc. is acquiring the East Miami hotel from a joint venture between Trinity Investments and Certares Real Estate Management, adding to recent bets on Florida’s lodging market.

The price wasn’t disclosed. Bloomberg previously reported that Trinity and Certares were working with Jones Lang LaSalle Inc. to explore a sale that could value the property at more than $325 million.